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Dec 7, 2012
12/12
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meanwhile our energy costs are plummeting courtesy of the cleaner, cheaper fuel, natural gas. so cheap here it can be liquefied in the united states and sold overseas at much lower prices. potential exporter dominion later tonight. that business unimpeded by washington could be brimming with jobs. a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington, all because of the need to sock it to the 2%, not the 1.5% and the over $400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to my college chum grover norquist. i thought bill gates and chief justice roberts were powerful. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear market versus rising above. and guess what? these enemies of wealth and job creation may get their way and win. yes, to borrow a phrase from my own rant last time we were on the brink of a washington-inspired financi
meanwhile our energy costs are plummeting courtesy of the cleaner, cheaper fuel, natural gas. so cheap here it can be liquefied in the united states and sold overseas at much lower prices. potential exporter dominion later tonight. that business unimpeded by washington could be brimming with jobs. a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington, all because of the need to sock it to the 2%, not the 1.5% and the over $400,000 crowd, the 1%, or the need to fulfill...
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Dec 6, 2012
12/12
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commissioned by the department of energy that gave its blessing to the idea of exporting the fuel via liquefied natural gas terminals, it's a positive for the natural gas stocks. maybe the biggest beneficiary and you might not have thought of it, dominion resources, letter "d." it's a major utility for providing electricity to customers in west virginia, pennsylvania, and north carolina. the company used to have an oil and gas business but sold that off years ago at the top. dominion now is a gas ticker as they hope to build an export facility in maryland and it seems more likely this project will be approved in the wake of yesterday's pro nat gas report. the company has a history of raising the dividend to boot. and because it's a utility, you don't have to worry about the impact on the fiscal cliff because utilities are as consistent as it gets while we know business itself is very skittish from the cliff and this company has a lot of business clients. the chairman, president, and ceo of dominion resources to hear more about where a company's headed. welcome back to "mad money." >>
commissioned by the department of energy that gave its blessing to the idea of exporting the fuel via liquefied natural gas terminals, it's a positive for the natural gas stocks. maybe the biggest beneficiary and you might not have thought of it, dominion resources, letter "d." it's a major utility for providing electricity to customers in west virginia, pennsylvania, and north carolina. the company used to have an oil and gas business but sold that off years ago at the top. dominion...
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Dec 7, 2012
12/12
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so take 5-hour® energy. just open it up, knock it back and roll up your sleeves. 5-hour energy® is faster and easier than coffee... man, does it work! you'll get that alert, energized feeling you need to get stuff done... a lot of stuff. wow! look at you go. >>> if you believe the housing recovery is here to stay, take a look at lumber liquidators, ll for you home gamers. we're big fans of housing related here on "mad money." it's a major retailer of hardwood floors. the kind of thing you buy to spruce up your home or build a new one. lumber liquidators has been on a huge run, about 200% since the beginning of the year, but pulling back over the last month, now about six points off of its high, in part because you have to believe people are ringing the register ahead of the fiscal cliff so they can pay a lower capital gains rate. there's another reason, though, back at the end of october, the company reported a fabulous quarter, with earnings coming in at 46 cents a share, 12-cent beat, same store sales up
so take 5-hour® energy. just open it up, knock it back and roll up your sleeves. 5-hour energy® is faster and easier than coffee... man, does it work! you'll get that alert, energized feeling you need to get stuff done... a lot of stuff. wow! look at you go. >>> if you believe the housing recovery is here to stay, take a look at lumber liquidators, ll for you home gamers. we're big fans of housing related here on "mad money." it's a major retailer of hardwood floors. the...
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Dec 10, 2012
12/12
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secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this trance ak. >> that's a great question, mandy. you are broadcasting from northern jersey, right sni think you recently you learned how important electricity grids are, right? when you don't have electrical power bb life becomes very bad. a123 is making product that helps control the electricity grid system. do we want the chinese owning this technology? the possibility for sabotage is after t astro nom cal. >> maybe they have the cash to put it underground. >> the price of saving these jobs is forbiddingly high. we shouldn't even be thinking about it. we h
secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this...
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Dec 8, 2012
12/12
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late today canada okayed the buyout of nexen energy by chinese energy giant c-nooc. this is a $15.3 billion deal, representing another foreign expansion of a chinese energy company. canada's ministry of industry said c-nooc agreed to "free market principles." the buyout offer for nexen came in july. in today's regular session, nexen was heavily traded as they fell 6.6%. but after the canadian okay, they jumped more than 14.5% in extended hours trading, to almost $27 per share. u.s. and british regulators still have to approve the deal. two years ago google offered six billion to buy daily deal website group-on before it went public. group-on's market value is half that tonight and bloomberg reports there's take-over speculation. the stock jumped 23% today. volume more than doubled. some of the buying also could be from traders who sold short the stock to profit as it was falling. four of the top five most actively traded exchange traded products were higher. the lone hold-out was the nasdaq 100 tracking fund, which includes apple. the fund was down 0.06%. and that's
late today canada okayed the buyout of nexen energy by chinese energy giant c-nooc. this is a $15.3 billion deal, representing another foreign expansion of a chinese energy company. canada's ministry of industry said c-nooc agreed to "free market principles." the buyout offer for nexen came in july. in today's regular session, nexen was heavily traded as they fell 6.6%. but after the canadian okay, they jumped more than 14.5% in extended hours trading, to almost $27 per share. u.s....
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Dec 10, 2012
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>> caller: what is your feeling on first energy. >> first energy has been going down along with the rest of the utilities. you take your first -- don't buy it until it gets to $6. >> i'm going to new york and marc. >> caller: i just know what i should do with mellonox. >> i want to sell the stock. let's go to lewis in florida. >> caller: jim, boo-yah. i'm interested in northern tier energy. nti. >> i don't trust that yield. i don't trust that yield. let's do more work, the-year-old is gigantic. i think it will end up being a red flag, it's a challenge flag and i think it's going to be a good challenge. let's go to tom in wisconsin. tom? >> caller: hey, jim, i'm calling from a nursing home. i want to ask you about a company rvc, regal bullet corporation. >> listen to me, partner, first of all thank you for calling in. that is a great industrial company, it's done nothing for a long time. i want you to stick with it. it's got a good yield, it's a very well run company, i have liked it for 35 years. keep it. let's go to jason in virginia. >> caller: i need some help, the stock emed, they re
>> caller: what is your feeling on first energy. >> first energy has been going down along with the rest of the utilities. you take your first -- don't buy it until it gets to $6. >> i'm going to new york and marc. >> caller: i just know what i should do with mellonox. >> i want to sell the stock. let's go to lewis in florida. >> caller: jim, boo-yah. i'm interested in northern tier energy. nti. >> i don't trust that yield. i don't trust that yield....
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for an energy rich country, it pays the same as those in japan. liz: what would be the effect if this actually happened, if we started exporting if prices started to go up? >> at the end of the day the company will be fine. let the price of gas reaches the price of oil, then the investment that are on the books, $90 billion of other people's investment will disappear. that would be a tragedy in terms of job creation for this country. i don't think we should let that happen. liz: you cannot please all the people all the time, andrew. m exporting this research help the u.s. economy and help your customers in a better position to buy more of what you make? >> i would say to you, that is not a dow chemical conversation. that is a conversation for the country. if that does not get the right structure in this country, we will go to countries where we can and we do. liz: if they got approval, would you pull that texas investment. >> we can see exports coming out of this country off to a certain amount without affecting the price. one terminal does not cr
for an energy rich country, it pays the same as those in japan. liz: what would be the effect if this actually happened, if we started exporting if prices started to go up? >> at the end of the day the company will be fine. let the price of gas reaches the price of oil, then the investment that are on the books, $90 billion of other people's investment will disappear. that would be a tragedy in terms of job creation for this country. i don't think we should let that happen. liz: you...
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Dec 5, 2012
12/12
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the company says it thinks demand for commodities, especially energy, will continue to grow. that could help offset the increased difficulty mining companies are having trying to find new projects in regions outside the u.s. and with interest rates currently at historic lows, the timing was right to ink the two deals. dica. chicago. >> tom: daniel rohr is a metals and mining analyst from morningstar and joins us from chicago. dan, how unique of a deal is this in the u.s. to have mining and energy drilling all in the same company? >> it is very unusual, forthe p. decades, ago, however, we had seen a lot of the oil majors, folks like amco, with exposure to mining as well. this is an animal we haven't seen in quite sometime in the u.s. >> tom: what drove the deal for freport, why did it want to go outside its expertise mining, that was two generations of leaders ago. why now? >> yeah. i'm still struggling with the underlying strategic rationale for this deal. judging by the stock market, i can't see a clear rationale as far as why they did this. what management has said is they
the company says it thinks demand for commodities, especially energy, will continue to grow. that could help offset the increased difficulty mining companies are having trying to find new projects in regions outside the u.s. and with interest rates currently at historic lows, the timing was right to ink the two deals. dica. chicago. >> tom: daniel rohr is a metals and mining analyst from morningstar and joins us from chicago. dan, how unique of a deal is this in the u.s. to have mining...
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Dec 6, 2012
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will americans -- could americans see higher, you know, energy bills? >> oh, yeah, no doubt about it. the differential has gotten crazy, but it's been crazy for so long, people have gotten used to it. but i haven't. i remember 2005, 2006, 2007, not where we are now which is 35. and i think we're going to be back there again at some point. natural gas is the kind of commodity. it has a tremendous volatility attached to it. i think once you get some of this leasing action under control where it's not all haphazard everywhere and you get control on exactly how much is being produced, you're going to get a floor, you're going to see $5, $6, $7. the futures don't show that yet. even know for 2020, you've got futures prices only around $5 on mmbtu. but if you were a natural gas guy and tried to make a plant, you would buy all you could out there, but there's no volume out there. what you have is a disconnect between where i think they're going to go -- >> are you ever going to run out of gas? because i have a quick question. >> sure. >> never run out of gas.
will americans -- could americans see higher, you know, energy bills? >> oh, yeah, no doubt about it. the differential has gotten crazy, but it's been crazy for so long, people have gotten used to it. but i haven't. i remember 2005, 2006, 2007, not where we are now which is 35. and i think we're going to be back there again at some point. natural gas is the kind of commodity. it has a tremendous volatility attached to it. i think once you get some of this leasing action under control...
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Dec 11, 2012
12/12
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don't miss the ceo of enbridge energy. all coming up on "mad money." >>> moments like this when everybody is terrified that our economy could slide back into a government induced recession next year, i got to start looking at high quality companies that are immunized against this slowing economy. for example biotech companies that can thrive even during a recession, because that's the type of thing you don't cut back on, no matter what. this week we caught one of those medical conferences that will tell you which ones have the most upside. it's the american academy of pharmaceutical companies. i'm highlighting not one but two small cap biotechs. let's start with immunogen. it develops next generation cancer drugs that allow chemotherapy agents to directly target a tumor. immunogen rose from $11.50 to about $18 on bullish expectations about a breast cancer treatment. then at the end of october, the stock got pulverized when we learned that immunogen has a less than optimal royalty with this drug. even if the drug becomes a
don't miss the ceo of enbridge energy. all coming up on "mad money." >>> moments like this when everybody is terrified that our economy could slide back into a government induced recession next year, i got to start looking at high quality companies that are immunized against this slowing economy. for example biotech companies that can thrive even during a recession, because that's the type of thing you don't cut back on, no matter what. this week we caught one of those...
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branching out into the energy sector, starbucks not only $450 made of steel gift cards, but talk about opening 3000 new stars, citigroup 11,000, job layoffs and bank of america had to put this one on here, guys. up 5% today. this is the best performing dow component so far this yearras we head into the final trading days of the year. bank of america doing very well coming above the $10 mark that has not been there for quite some time. look at the dow 30, only five stocks right now in the red. still looking pretty good to end the session. liz: yesterday intel was one of the better performers. today it is the worst performer of the dow jones industrial. looking at the fickle number, what about u.s. stocks against other opportunities read >. >> all of a sudden up nicely, i think they have been whacked and a goodbye right here. >> they are not transparent enough. many are swirling around, you're okay? >> never you own a monopoly, they don't like to make compromises. liz: december 14 visit 14 is a. >> they are due to get the iphone. liz: what other areas do you like with china? if people ar
branching out into the energy sector, starbucks not only $450 made of steel gift cards, but talk about opening 3000 new stars, citigroup 11,000, job layoffs and bank of america had to put this one on here, guys. up 5% today. this is the best performing dow component so far this yearras we head into the final trading days of the year. bank of america doing very well coming above the $10 mark that has not been there for quite some time. look at the dow 30, only five stocks right now in the red....
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Dec 13, 2012
12/12
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liz: investors betting on clean energy sending shares soaring 50% in the public debut. the inside scoop. the chairman, yes, runs tesla, and the ceo and co-founder, they are cousins, david. boy, they are big on entrepreneurial spirit. they are coming up next. plus, the holiday shopping season in high gear. up next, an analyst who is worried about holiday shopping, even with last month's pop. telling us why, pointing us to winners and losers for your stock portfolio. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. pl, it reduces copd flare-ups. spiriva the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if u have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye d
liz: investors betting on clean energy sending shares soaring 50% in the public debut. the inside scoop. the chairman, yes, runs tesla, and the ceo and co-founder, they are cousins, david. boy, they are big on entrepreneurial spirit. they are coming up next. plus, the holiday shopping season in high gear. up next, an analyst who is worried about holiday shopping, even with last month's pop. telling us why, pointing us to winners and losers for your stock portfolio. ♪ look, if you have copd...
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in just eight short years, it's 27% of total energy production in the country. that's all good news. more production, more independence from middle east countries that don't like us in the first place. if you are thinking about what about lily and lizzie? this is the golden eagle. we had one on the show. the species threatened by wind meals in california. the wings get caught in the wind wheels, and they did they are not protected because, well, presumably, wind energy is one of the pet causes of the administration. some species are more important than others. what we need to do is embrace the energy production we are doing which can make us self-sustaining and more powerful, and that is a good thing for lily, lizzie, the golden eagle. all of us. what do you think? at gerri@foxbusiness.com. >> coming up, will an ugly employment report be the result of sandy. the harvard economist looking ahead to tomorrow's job numbers next. homeowners running from their luxury homes as the so-called fiscal cliff looms. asking barbara if you should run for the hills too. investo
in just eight short years, it's 27% of total energy production in the country. that's all good news. more production, more independence from middle east countries that don't like us in the first place. if you are thinking about what about lily and lizzie? this is the golden eagle. we had one on the show. the species threatened by wind meals in california. the wings get caught in the wind wheels, and they did they are not protected because, well, presumably, wind energy is one of the pet causes...
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Dec 7, 2012
12/12
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KRON
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department of energy to help more local companies use alternative fuel for their vehicles and fleets. the gravel goes towards the california floods in wordplay alternative fuel project which aims to reduce barriers for companies and governments to use alternative fuel. such as issues with permitting. the gravel watch and february and will continue over a two-year period. a report finds a the states themselves agency needs more independent oversight and recommends a restructuring to avoid the appearance of conflict of interest. the institute of medicine says too many board members on the california institute for rich in art of medicine represent schools that receive funding. california voters in 2004 proposition 71 that form the seat i are am. as distributor about 1.3 billion in grants. california >> california is suing delta air lines over the lack of privacy policy. the state alleges that the airlines is bringing us breaking state law by not warning users that is collecting sensitive informations each time users contact the airline on line. the company missed a 30 day window to compl
department of energy to help more local companies use alternative fuel for their vehicles and fleets. the gravel goes towards the california floods in wordplay alternative fuel project which aims to reduce barriers for companies and governments to use alternative fuel. such as issues with permitting. the gravel watch and february and will continue over a two-year period. a report finds a the states themselves agency needs more independent oversight and recommends a restructuring to avoid the...
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Dec 6, 2012
12/12
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listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today. here's the deal. i was there early on, i was wrong. down 6% is not bad but there is a lot worse just a couple weeks ago when it was down 12% from where i bought it. so it's recovering. >> you like it? >> i do like it. i own it still. i have shaved part of my position but i still own most of it. i went wrong thinking nat gas would help it more than it did. nat gas is only 20% of the company. other 80% is coal and i hate coal so i shouldn't have done it. i think the news in nat gas today is good news in potentially opening up for sale lng. >>> let's see what seema mody's working on? >> tons of special dividends bein
listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today....
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>> well, for us, we're a supplier not only to defense but also in the commercial markets, energy, and medical. it has already caused this uncertainty, roadw uncertainty, a reduction in the amount of work we're doing, and it's prevented us from hiring in some of our plants. >> you're holding back, then. you're holding back on hiring, waiting to see how this thing plays itself out. presuming they don't go over the cliff, they come to some agreement, does that mean you would hire more workers? >> right now it's very frustrating that we don't have issues decided here. so, yes, we have plants that can be ramping up to supply in the defense industry. until we know with certainty what's going to happen with the cuts, we're not going to be hiring in those plants. >> we're going to bring in now howard dean, who i believe is joining us. thank you for joining us. i hope that you've also been listening to what dawn had to say. she's been basically saying it would hurt her company. it's already affecting her hiring decisions. it would hurt the defense industry as well. so why do you feel that goin
>> well, for us, we're a supplier not only to defense but also in the commercial markets, energy, and medical. it has already caused this uncertainty, roadw uncertainty, a reduction in the amount of work we're doing, and it's prevented us from hiring in some of our plants. >> you're holding back, then. you're holding back on hiring, waiting to see how this thing plays itself out. presuming they don't go over the cliff, they come to some agreement, does that mean you would hire more...
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Dec 6, 2012
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energy is a wild card next year. that's what we should be allocating. >> rick, if we go over the fiscal cliff, you have to believe there will be a lot of hoarding of assets, sitting on money. maybe we get more action and fixed income. >> i think what nobody is talking about, you with allude to it constantly, and i'm in your camp. the damage is done. it's evident by many of these reports. even if they come up with a 13th hour settlement, even if they come up with good reform, some of the adjustments that have already been made or have been in the process of being made have already done a lot of damage that we didn't need. we already shot ourselves in the foot on this one. in terms of housing, you know, the shadow inventory that's been tied up in litigation, we could see as many as 20 million of those come on the market in 2013. even though i agree with the guest, there's a lot of different forms of the housing market. some of them are going to be under pressure due to this avalanche of shadowed foreclosure in 2013. >>
energy is a wild card next year. that's what we should be allocating. >> rick, if we go over the fiscal cliff, you have to believe there will be a lot of hoarding of assets, sitting on money. maybe we get more action and fixed income. >> i think what nobody is talking about, you with allude to it constantly, and i'm in your camp. the damage is done. it's evident by many of these reports. even if they come up with a 13th hour settlement, even if they come up with good reform, some of...
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master limited partnership and this is an example of that and operates in energy infrastructure rent paid their earnings. it certainly was one with high demand and moved up 28% back to you. >> you get the next two days of. dave: we all do saying good this. is in the futures closing. the look is at the cme looking at all futures -- we did have this nice little rise at the end of the trading day. did it continue after hours? >> a little bit. not too much. looking at next week you wanted a attention to the fed analysis and watch any fiscal cliff tops. the key level support in the s&p, really what chapel which was beat up quite a lot here recently. you see a turnaround in the stock market and the nasdaq might turn to the upside as well. >> after causing billions of dollars of damage, eric king -- >> shares of generator maker holdings up double digits since the storm hit and the company on a hiring spree. jeff flock live in wisconsin with an exclusive look at the manufacturing facility. i know a lot of neighbors up there in the northeast buying generators. jeff: you can't make them fast e
master limited partnership and this is an example of that and operates in energy infrastructure rent paid their earnings. it certainly was one with high demand and moved up 28% back to you. >> you get the next two days of. dave: we all do saying good this. is in the futures closing. the look is at the cme looking at all futures -- we did have this nice little rise at the end of the trading day. did it continue after hours? >> a little bit. not too much. looking at next week you...
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Dec 5, 2012
12/12
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energy stocks having a pretty good day. s&p is also up about seven points trading right now at 1,414. the nasdaq remains the laggard of the day. what an interesting day there it's been not only at nasdaq marketsite but an ipo that couldn't get out of the blocks. certainly what's taking place with shares of apple? let's throw up apple right here. the nasdaq rebounding a bit but apple shares having their worst day in about a year. a significant loss for that stock. $24-plus for shares of apple in the losing column today. let's hit the biggest "pops & drops" in midday trading. hp. it's popping. >> yeah. this company was the victim of hate bashing party a couple of weeks ago on the autonomy acquisition. i think it was the sentiment low in the stock. it's up here. i prefer dell over hp though. >> waste management. >> if you're looking for a pe that is appetizing, it is a 15-year. dividend is 4.4%. goldman sachs actually cleaning dawn in the trash area from conviction buy on one of the names also lifted this thing as well. >> ver
energy stocks having a pretty good day. s&p is also up about seven points trading right now at 1,414. the nasdaq remains the laggard of the day. what an interesting day there it's been not only at nasdaq marketsite but an ipo that couldn't get out of the blocks. certainly what's taking place with shares of apple? let's throw up apple right here. the nasdaq rebounding a bit but apple shares having their worst day in about a year. a significant loss for that stock. $24-plus for shares of...
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the energy information administration says daily production averaged 6.5 million barrels. that is 16% increase from one year ago. >>> starbucks planning to add 3,000 stores over the next five years with at least half of them in the u.s. the coffee giant expects more than 20,000 stores on six continents within just two years. >>> zappos ceo pledges one million dollars to help bring college grads to las vegas. graduates will work to support sin city start us small businesses and real estate projects. >>> research firm idc says greater variety among tablets is boosting demand but more players could not be good news for apple. the firm expects apple's market share to drop 3% of the part of that report brought the stock down today. >>> amazon launching service for kindles including movies, games and books. $2.99 per child for amazon's prime members. [buzzer] great, more movies and games on a kindle. david: just what they need port workers in los angeles and long beach are returning to work today. thank goodness, it was costing billions each day after reaching aing deal with man
the energy information administration says daily production averaged 6.5 million barrels. that is 16% increase from one year ago. >>> starbucks planning to add 3,000 stores over the next five years with at least half of them in the u.s. the coffee giant expects more than 20,000 stores on six continents within just two years. >>> zappos ceo pledges one million dollars to help bring college grads to las vegas. graduates will work to support sin city start us small businesses and...
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big move for walter energy today, back to you. liz: nicole, suddenly the dow has doubled its gains, we were up about 14, 15 points, we're now up 31, 32. sandra, what are you looking at? >> i want to bring up an intraday chart, and while a 32-point gain isn't substantial, it is the highs of session, and it's very similar to what we saw in yesterday's trading session right at the end of the day. we reached -- here's a two-day chart. this is the end of the session yesterday. highs right as we were closing up at in this time yesterday. so sort of a bullish trend to see that happen. also, by the way, if you look at the same chart with the s&p, s&p cloalzed at its highs of the session yesterday. just off them now but still holding on to a gain of about three and a half points. lots of movers to look at in today's session. lu lu lemon up 3% in today -- 7% in today's session. up 54% so far this year. it just continues to crush, guys, beat earnings expectations. same-store sales up 18%, but it's pretty pricey, guys, the pe's 48 here. men's
big move for walter energy today, back to you. liz: nicole, suddenly the dow has doubled its gains, we were up about 14, 15 points, we're now up 31, 32. sandra, what are you looking at? >> i want to bring up an intraday chart, and while a 32-point gain isn't substantial, it is the highs of session, and it's very similar to what we saw in yesterday's trading session right at the end of the day. we reached -- here's a two-day chart. this is the end of the session yesterday. highs right as...
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we have no industry. >> why is the fastest growing new source of energy in this country wind energy or distributed solar. melissa: because it is completely supported by the government and by my tax dollars. >> not even close to as much as --. melissa: absolutely no money to spend on these things you know what -- >> actually big oil, gas and coal are actually much more heavily subsidized. melissa: you and disagree what is subsidy is. that is fine for debate for another time. we agree to disagree. do you know crayons, made from petroleum. >> right. maybe that is essential use in your view. we don't need to drive our cars with petroleum. we can use --. melissa: we do, because i don't want to pay $59 a gallon for biofuel. >> we need to use government and our taxpayer dollars wisely. melissa: i do too. >> make sure we use technology that actually doesn't exacerbate climate change and actually --. melissa: electricity comes from coal and nuclear? you like coal and nuclear. >> also comes from solar and wind and i like them very much. melissa: then we go book to the price problem. >> i'm sorry
we have no industry. >> why is the fastest growing new source of energy in this country wind energy or distributed solar. melissa: because it is completely supported by the government and by my tax dollars. >> not even close to as much as --. melissa: absolutely no money to spend on these things you know what -- >> actually big oil, gas and coal are actually much more heavily subsidized. melissa: you and disagree what is subsidy is. that is fine for debate for another time. we...
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energy stocks higher earlier, drifting lower, that has the dow's lead from the highs of the session. lastly we want to note that dovert corporation, took the stock down a couple of points. >> no t.o. the nasdaq now, everybody is talking about apple once again down here, but there is a lot more happening at the nasdaq than just apple today. >> absolutely. but let's lead with apple. jeffries hitting the take. could see decelerating growth, negative, margin leverage. elsewhere in tech, we are seeing green across the screen. hp, rising speculation that carl icon is interested in the company. that stock is outperforming today. lastly, the tablet wars heating up. barnes & noble named as part of barons top ten favorite stocks for 2013. the nook reader unit is holding its own against amazon and apple and these developments are not reflected in shares of bks. that's why you can see barnes & noble trading around 6%. sue? >> seema, thanks. rick san tellry is tracking action at the 162 on ten-year. what are they watching today, ricky? >> once treasuries opened today, we did see that rates were l
energy stocks higher earlier, drifting lower, that has the dow's lead from the highs of the session. lastly we want to note that dovert corporation, took the stock down a couple of points. >> no t.o. the nasdaq now, everybody is talking about apple once again down here, but there is a lot more happening at the nasdaq than just apple today. >> absolutely. but let's lead with apple. jeffries hitting the take. could see decelerating growth, negative, margin leverage. elsewhere in tech,...
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Dec 6, 2012
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taking a look at the >> we are taking a look at the area [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. i'm mindy basara. >> and i'm stan stovall. thanks for joining us for 11 news today. >>." you will feel the chill this morning. >> the sky is clear. let's look at what is happening at the airport. 30 at bwi
taking a look at the >> we are taking a look at the area [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. i'm mindy basara. >> and i'm stan stovall. thanks for joining us for 11 news today. >>." you will feel the chill this morning. >> the sky is clear. let's look at what...
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Dec 6, 2012
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we're looking at pressure across the board in the energy sector. that's good news for people driving over the holidays. we're looking at gas prices coming down. futures market and prices at the pump, only ten cents higher than a year ago. back to you guys. >> sharon, thank you. well, consumer reports out with a new report on ford's top hybrids and their big mileage claims. the results, let's just say, are not ideal for ford. phil lebeau joining us here. what is the news? >> essentially we're talking about the ford fusion hybrid and the ford c-max hybrid. both of those models claim, according to ford, they are believed to get 47 miles per hour. that's how ford advertises them. that's on the sticker eer on t windows. consumer reports brought them in, did the testing. according to consumer reports, the fusion and c-max hybrids do not get 47 miles per hour. the c-max gets 37 miles per gallon. those are dramatically lower than 47 miles per gallon. just for some point of reference, these are important vehicles for ford because as ford develops that hybri
we're looking at pressure across the board in the energy sector. that's good news for people driving over the holidays. we're looking at gas prices coming down. futures market and prices at the pump, only ten cents higher than a year ago. back to you guys. >> sharon, thank you. well, consumer reports out with a new report on ford's top hybrids and their big mileage claims. the results, let's just say, are not ideal for ford. phil lebeau joining us here. what is the news? >>...
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Dec 12, 2012
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fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know, of course, you can't get down to what those 18,000 employers would really say now because some still have demand and some would be less impacted and more impacted. we look at our clients and what they are trying to do right now. 27% in this survey said there would be no change, and the reason this number is high and higher than we've seen, they are holding their hands tight. okay. what do i do? don't know what to do, but we're hearing also, you know what, as your previous guest said if i had some certainty i would feel a little bit better about hiring some people and adding that cost on and until we get t
fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know,...
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Dec 10, 2012
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energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have facilities with robots it's just as cheap orrer than a robot in shin sheng. you wait a minute how come you're so wrong, china hasn't collapsed. >> i said it would occur in a decade, but you see the problems there, the economy is stumping and the central government is eroding and china people are taking to the streets. so, the wheels are coming off china. >> you're going to be right eventually. >> soon. stuart: within the next two years? >> maybe sooner than that. stuart: very interesting, gor n gordonment thanks as always. it's 9:29 almos
energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have...
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Dec 11, 2012
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we sold off hard on the news that is a very bearish for energy prices. we will see how things turn out, but it is a very bearish sign for the energy market. back to you. cheryl: thank you very much. house speaker ohn boehner saying the president has to get serious about the fiscal cliff talks. dennis: rich edson with the latest from there. >> as we have been reporting, democrats and republicans are stuck on these negotiations. a few moments ago house speaker john boehner hit the floor and confirmed just that. >> i want people to know that the president and i met on sunday. it was a nice meeting, cordial but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of a balanced approach to the american people. where are the president spending cuts? the longer the white house slow walk the process, the closer our economy gets to the fiscal cliff. herhere's what we do know. we know the president wants more stimulus spending and an increase in the debt limit without any cuts for reforms. that is not fixi
we sold off hard on the news that is a very bearish for energy prices. we will see how things turn out, but it is a very bearish sign for the energy market. back to you. cheryl: thank you very much. house speaker ohn boehner saying the president has to get serious about the fiscal cliff talks. dennis: rich edson with the latest from there. >> as we have been reporting, democrats and republicans are stuck on these negotiations. a few moments ago house speaker john boehner hit the floor and...
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Dec 13, 2012
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that's right, 78 quad drillon uses of energy. no kidding about it. when we look at what's happening in the energy complex today, a lot has to do with the fiscal cliff. you know, we saw the big builds in gasoline supplies over the last couple weeks and refining mar gyps cut in half. we have problems on the side where the supplies are tight, and the question for this market over the long term is how quickly refinders can flip to the other side. the other big news, of course, looking at aaa today, they say that holiday gasoline demand is 1.6% above a year ago. talk metals with that, always shimmering, sandra smith. >> thank you for that intrough, mr. phil. look at this, guys, messing with the charts here, a six-month chart, silver and gold. the gold line here, and silver out performing gold so far in 20 # 12. gold prices up 10%. silver up 21%, guys, so, really, outshining gold so far. look at what's happening with gold today. i'm going to throw up an year-to-date chart here. big sell off in the open, profit taking after a jump yesterday. the reason folk
that's right, 78 quad drillon uses of energy. no kidding about it. when we look at what's happening in the energy complex today, a lot has to do with the fiscal cliff. you know, we saw the big builds in gasoline supplies over the last couple weeks and refining mar gyps cut in half. we have problems on the side where the supplies are tight, and the question for this market over the long term is how quickly refinders can flip to the other side. the other big news, of course, looking at aaa today,...
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Dec 7, 2012
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energy stocks okay. tech, materials a tough week to the downside, weighed down by apple which lost about $50 so far this week. financials were the big gainers. big comments this week about job layoffs but most of those big names were up again today. these stocks have turned around here. bank of america now well north of $10. home builders having a very rare down week. but up a little bit here today. i anticipate 30% increase in orders next week. kb home also to the up side. horton announces a dividend acceleration earlier today. finally noting here, courtney just mentioned apple and there you see apple down -- apple was $585 at the start of the week. that's $50 off of apple this week. >> the dow is higher today. we'll go up town in a moment to the nasdaq and seema. could you imagine what the dow would be doing this week if the apple were in it? the dow is a price weighted index. >> that's why it would not be in it. they'll have to do some kind of split of apple to put it in there. $600 -- >> can you imag
energy stocks okay. tech, materials a tough week to the downside, weighed down by apple which lost about $50 so far this week. financials were the big gainers. big comments this week about job layoffs but most of those big names were up again today. these stocks have turned around here. bank of america now well north of $10. home builders having a very rare down week. but up a little bit here today. i anticipate 30% increase in orders next week. kb home also to the up side. horton announces a...
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[laughter] console, energy and qt production company have submitted multimillion dollar bids to drill for natural gas and oil on land surrounding pittsburgh international airport. the drilling revenue would reduce gate fees which could lead to cheaper flights. pan tone which -- named emerald as 2013's color of the year. the time has come, and that's today's speed read. liz: emerald green. the parent company of the toronto stock exchange is joining forces with the maple group in a move that is enabling the company to expand it product offerings. david: tom kloet is the see crow of -- ceo of tmx group. what a pleasure to see you. you're an american, by the way. >> i am. david: they brought in an outsider. there are a lot of similarities between canada and the u.s. but some very distinct differences, and one of them involves the markets. you are the main equity and clearing facility. you have everything in one shopp right? >> we also own and operate the country's futures and options market as well as and its clearinghouse. david: must make it a lot easier to see what's going on in the wh
[laughter] console, energy and qt production company have submitted multimillion dollar bids to drill for natural gas and oil on land surrounding pittsburgh international airport. the drilling revenue would reduce gate fees which could lead to cheaper flights. pan tone which -- named emerald as 2013's color of the year. the time has come, and that's today's speed read. liz: emerald green. the parent company of the toronto stock exchange is joining forces with the maple group in a move that is...
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Dec 6, 2012
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. >>> enough energy from wind to power the entire many times over? it is not the latest sci-fi flick. some experts say it is a real possibility but the industry faces a possible setback. its controversial tax credit could go over the fiscal cliff. >> when swind placed on the surface of the earth, you can get something like 20 times the amount of power that civilization now uses. >> reporter: ken caldera authored a new study that claims wind is the way. >> the wind you can't power civilization on wind today has to do with economics and engineering. >> reporter: he points for history. >> one of the reasons why fossil fuels are cheap is that they have received large subsidies from the federal government. >> reporter: right now wind power gets a subsidy, too. $1 billion a year from uncle sam. but that could vanish december 31st when the country hits the fiscal cliff. to caldera, that's the short-run risk. in the long run, he sees a clear, if not political pristine, path to more reliance on wind power. >> i think we'll eventually get to the point where we
. >>> enough energy from wind to power the entire many times over? it is not the latest sci-fi flick. some experts say it is a real possibility but the industry faces a possible setback. its controversial tax credit could go over the fiscal cliff. >> when swind placed on the surface of the earth, you can get something like 20 times the amount of power that civilization now uses. >> reporter: ken caldera authored a new study that claims wind is the way. >> the wind you...
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department of energy is putting 120 million into the battery research center. at a place called argon national lab outside chicago. the goal is to make better, cheaper batteries for electric cars. let's hope it works better than the investment in a one to two systems. $250 million. now it's in bankruptcy being auctioned off. the chinese company could buy it. don't forget the biggest dream best of all time. 35 million. your money down the tubes. waving frantically. >> the deal is they want to put this in chicago. this battery facility. staffed by a lot of aaademics. brown emanuel has been at the press conference. democratic senator. why not put it in detroit. when i put it in silicon valley where you had the sharpest guys. stuart: is in it there already? is in it there already? >> boosted by academics from mobile universities. i would say if you want to help out beleaguered detroit are really get it going than you do it also and silicon valley where the smart guys are more just rely on china. stuart: maybe you don't have the government do it at all. maybe. >> th
department of energy is putting 120 million into the battery research center. at a place called argon national lab outside chicago. the goal is to make better, cheaper batteries for electric cars. let's hope it works better than the investment in a one to two systems. $250 million. now it's in bankruptcy being auctioned off. the chinese company could buy it. don't forget the biggest dream best of all time. 35 million. your money down the tubes. waving frantically. >> the deal is they want...
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Dec 7, 2012
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[captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- our big story tonight --
[captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- our big story tonight --
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Dec 11, 2012
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the energy companies, they must get one third of their energy from renewable sources? i guess that's hydro electric, wind and solar, you've got to get a third from those green energy sources from the year 2020, and that seems like an awful lot of power to come from the sun and wind and can you make it? >> i don't think so. because part of the dirty little secret behind all of this, stuart, is that mother nature has really interesting way of deciding when she's going to provide sun, when they're going to provide the wind and because of that, all of these major power plants are supposed to give these utilities the mandated 33% by 2020. also, have to have a companion fossil fuel plan that has the turbines ready, if a cloud bank moves over the mojave desert or over the mountains they don't interrupt the power grid. when the green energy demand increases so does the demand for fossil fuel. what happens if they can't meet the mandate and get renewables by 2020? >> i think they're doubling down on top of this. jerry brown was quoted with fanaticism. there will be screwups, an
the energy companies, they must get one third of their energy from renewable sources? i guess that's hydro electric, wind and solar, you've got to get a third from those green energy sources from the year 2020, and that seems like an awful lot of power to come from the sun and wind and can you make it? >> i don't think so. because part of the dirty little secret behind all of this, stuart, is that mother nature has really interesting way of deciding when she's going to provide sun, when...
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Dec 5, 2012
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freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and gold holdings are at record levels. back to you. >> thank you very much, sharon. >>> let's get the trading action here. bob pisani is back with me. we were up 131 points. some news flashes out of washington about possible sequestration spending cuts from the omb. basically took the market off ifts best levels. held hostage again. >> we've got to get some action. if we don't see action we'll threaten sequestration. we did move up earlier in the day. there were very vague rumors that some republicans might be willing to break ranks and accept taxes for the wealthy, higher taxes for the wealthy. that o
freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and...
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Dec 12, 2012
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meanwhile apart from some temporary fluctuations largely reflected swings in energy prices, it is likely to run at or below the federal market committee's 2% objective in coming quarters over the longer term. against a macroeconomic backdrop includes high unemployment and subdued inflation, the fomc will maintain the policy. today the committee took several steps. first, it decided to continue its purchases of agency mortgage-backed securities initiated at the september meeting at a pace of $40 billion per month. second, the committee decided to purchase longer-term secretary securities after the search to, current program to extend the maturity holdings is completed at the end of the year. in continuing its asset purchases, the committee seeks to maintain downward pressure on longer-term interest rates in the key financial conditions accommodated. therefore promoting economic growth while ensuring inflation over time is close to 2% objective. finally, the committee today also modify the guidance of future rate policy to provide more information to the public about how it anticipates it
meanwhile apart from some temporary fluctuations largely reflected swings in energy prices, it is likely to run at or below the federal market committee's 2% objective in coming quarters over the longer term. against a macroeconomic backdrop includes high unemployment and subdued inflation, the fomc will maintain the policy. today the committee took several steps. first, it decided to continue its purchases of agency mortgage-backed securities initiated at the september meeting at a pace of $40...
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Dec 12, 2012
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i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this is it. the last scheduled meeting unless there is an emergency. what do you say? >> there are a couple things to watch here. this is all about getting housing going again. this is why they are buying mortgage bonds. they talked about it in several statements. the economy -- you are starting to see a cat that housing recovery. we are going into the slow season, winter is usually the slow season for housing. if they do more than expected will be in mortgage bonds. dennis: which would you rather have the fed buy more of? mortgage-backed securities for u.s. treasurys? >> for much
i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this...
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shares of energy are searching today after the company announced with its french partner oil company that they had made a significant oil discovery at the north platte offshore property in the gulf of mexico. elizabeth murdoch and one of -- died at the age of 103. she is survived by three of her four children. news corporation is the parent of the fox business network. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. before facebook is joining the nasdaq 500. connell: shibani joshi in the newsroom with this story. shibani: it is about time if you are a facebook investor. it wanted to be in the presence of the tech grades. it will be part of t
shares of energy are searching today after the company announced with its french partner oil company that they had made a significant oil discovery at the north platte offshore property in the gulf of mexico. elizabeth murdoch and one of -- died at the age of 103. she is survived by three of her four children. news corporation is the parent of the fox business network. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] this is amy. amy...
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new data from the energy information administration says u.s. crude output averaged 6.5 million barrels a day. that is up 16% year-over-year. thank you shale and fracking. >>> all right, coming up, it is a great hay robbery. the fallout from this summer's drought takes some bizarre twists. i shouldn't laugh. this is very serious. analyst it black market for hay across the country. details coming up next. at the end of the day it is all about hay. ♪ . melissa: hold on to your hay. this summer's drought still burning farmers after causing big rise in prices. the average bale of hay is now $80. you have $50 since before the drought. up $50. it was 30. now its 80. can you believe that? because of that hay farmers in the midwest are facing a serious problem, hay thieves. they're taking thousands of pounds of hay. this is probay problem and here to tell us about is missouri farm president blake hours. i don't mean to make light of this, but when we hearing abou hay thieves it sounded ridiculous. when you realize how much it is worth and how big of a
new data from the energy information administration says u.s. crude output averaged 6.5 million barrels a day. that is up 16% year-over-year. thank you shale and fracking. >>> all right, coming up, it is a great hay robbery. the fallout from this summer's drought takes some bizarre twists. i shouldn't laugh. this is very serious. analyst it black market for hay across the country. details coming up next. at the end of the day it is all about hay. ♪ . melissa: hold on to your hay....
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Dec 10, 2012
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cnooc has been given the green light to acquire canadian energy company nexen for $15.1 billion. now, the cnooc deal is the one getting all the attention. here is why. it would give a huge china eeps state run enterprise a firm foothold in canada's oil sands. third only behind saudi arabia and venezuela. it was not an easy decision for the prime minister and his conservatives. he had to walk a fine line, appearing open to investments and diversifying canadian energy exports away from the u.s. but not appear to go be giving china control of northern albert ya's oil sands. so he will allowing the deal, but harper says this is not a garage sale and he will not give an approval the next time to foreign state observed enterprises. >> a series of large scale, controlling transactions by foreign state-owned companies could rap idealy transform this industry from one that is essentially a free market industry to one that is under the control of a foreign government. >> however, some are skeptical as to whether harper can keep his promise to shut out big investment from state-owned firms
cnooc has been given the green light to acquire canadian energy company nexen for $15.1 billion. now, the cnooc deal is the one getting all the attention. here is why. it would give a huge china eeps state run enterprise a firm foothold in canada's oil sands. third only behind saudi arabia and venezuela. it was not an easy decision for the prime minister and his conservatives. he had to walk a fine line, appearing open to investments and diversifying canadian energy exports away from the u.s....
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Dec 5, 2012
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we'll continue to watch what happens in the energy sector as well as we wait for the energy department's report coming out at 10:30 on oil supplies and right now we see a pop before numbers come out. the industry data that came out showed a big drawdown. we'll see what that shows and keep your eye on natural gas. we saw natural gas hitting almost a three-week low coming up from those levels right around those levels right now so we'll continue to watch natural gas prices as well. back to you. >> thank you, sharon epperson. starbucks making a heavy metal move. how much will it cost you. we have the answer coming up. in a little more than an hour from now, president obama will address the fiscal cliff before ceos at the business roundtable. we'll bring you live coverage including the q & a session. as we head to break, look at movers on wall street. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so
we'll continue to watch what happens in the energy sector as well as we wait for the energy department's report coming out at 10:30 on oil supplies and right now we see a pop before numbers come out. the industry data that came out showed a big drawdown. we'll see what that shows and keep your eye on natural gas. we saw natural gas hitting almost a three-week low coming up from those levels right around those levels right now so we'll continue to watch natural gas prices as well. back to you....